Ikhala TVET College Nsfas Application

Ikhala TVET College Nsfas Application

Ikhala TVET College Nsfas Application

Ikhala TVET College Nsfas is a financial aid scheme funded by the Department of Higher Education and Training to support students who do not have the financial means to fund their studies and cannot access bank funding, study loans or bursaries.

NSFAS financial support previously was in the form of loans and still needs to be paid back when you find employment after completion of your studies. If you passed all your subjects, 40% of the NSFAS funding for that particular year/semester was converted into a bursary. This means you will only pay back 60% of the loan when you start working.

Nsfas Open Date

The Nsfas Online Application Opens on 1 September and closes on November 302022.

NSFAS Qualification Criteria

  • Only South African citizens are eligible for the NSFAS
  • A student must be registered or intend to register to study at a TVET college
  • Applicants will qualify for funding if they fall within the maximum threshold of up to R350,000 of combined gross family income per annum;
  • Returning students (studied prior to 2018) will qualify if they fall within the maximum threshold of up to R122,000 of combined gross family income per annum

NSFAS cover the following;

  • Accommodation in an urban area
  • Accommodation in a peri-urban area
  • Accommodation in a rural area
  • Transport (if you reside up to 40 km from the institution)
  • Incidental/personal care allowance
  • Registration
  • Tuition

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Additional support:

NSFAS-funded students who have a disability are further supported through an additional allowance for:

  • Medical Assessment: Limited to one assessment for the duration of the qualification and on request by the Disability Unit/ Student Support
  • Assistive Devices: Limited to one Assistive Device for the duration of the study.
  • Human Support: To cover the cost of a caregiver, guide dog, scribe, tutor or sign language interpreter

THE FOLLOWING CONDITIONS APPLY:

  1. Students must enrol in more than three (3) subjects to be eligible for a bursary.
  2. Only students that were academically successful may apply for the next academic level.
  3. Ikhala reserves the right to verify the information on the application form. This information will be treated as confidential.
  4. This bursary is not applicable to employer students.
  5. Students may ONLY apply for EITHER the transport or accommodation allowance.
  6. 100% class attendance is expected to qualify for the transport or accommodation allowance.
  7. Bursary recipients who switch from one programme to another (i.e. from NC (V) to Report 191 programme N1 – N3 or vice-versa) or change programmes within an NC (V) or Report 191 programme during the course of their studies are not eligible for financial assistance.
  8. Bursary recipients who complete NC (V) Level 4 are not eligible for financial assistance should they want to enrol for another NC (V) programme or Report 191 programme N1 – N3. Buffalo City TVET College Nsfas Application
See also  NSFAS Bursary Agreement (NBA)

Similarly, bursary recipients who complete Report 191 N4 – N6 are not eligible for financial assistance should they want to enrol for another Report 191 programme N4 – N6 or an NC (V) programme.

  1. Bursary recipients who complete NC (V) Level 4 are only eligible for financial assistance should they want to enrol for Report 191 N4 – N6.

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